Summary
- The Depository Trust & Clearing Corporation (DTCC) reported that it listed Fidelity Solana (SOL) ETF, Canary Hedera (HBAR) ETF, and Canary XRP (XRP) ETF on its website.
- It said this listing is a procedural step prior to formal approval and is unrelated to approval by regulatory authorities.
- It added that a listing does not mean approval by the U.S. Securities and Exchange Commission (SEC), and that the ETF will not lead to actual trading.
The Depository Trust & Clearing Corporation (DTCC) listed Fidelity Solana (SOL) ETF, Canary Hedera (HBAR) ETF, and Canary XRP (XRP) ETF on its website. However, this is a procedural step prior to formal approval and was taken irrespective of approval from regulatory authorities.
Being listed on the DTCC website is generally interpreted as part of preparations ahead of a launch. But listing does not mean approval by the U.S. Securities and Exchange Commission (SEC). Until the SEC makes a decision, the ETFs will not lead to actual trading and will not directly affect crypto asset prices in the short term.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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